4//SEC Filing
Winkles Isabelle 4
Accession 0001676238-24-000200
CIK 0001676238other
Filed
Dec 3, 7:00 PM ET
Accepted
Dec 4, 6:01 PM ET
Size
14.4 KB
Accession
0001676238-24-000200
Insider Transaction Report
Form 4
Braze, Inc.BRZE
Winkles Isabelle
Chief Financial Officer
Transactions
- Conversion
Class A Common Stock
2024-12-02+4,500→ 204,285 total - Exercise/Conversion
Class B Common Stock
2024-12-02$4.88/sh+4,500$21,960→ 4,500 total→ Class A Common Stock (4,500 underlying) - Sale
Class A Common Stock
2024-12-02$39.48/sh−4,500$177,660→ 199,785 total - Conversion
Class B Common Stock
2024-12-02−4,500→ 0 total→ Class A Common Stock (4,500 underlying) - Exercise/Conversion
Stock Option (Right to Buy)
2024-12-02−4,500→ 82,171 totalExercise: $4.88Exp: 2030-02-03→ Class B Common Stock (4,500 underlying)
Footnotes (5)
- [F1]Each share of Class B Common Stock is convertible into one share of Class A Common Stock (A) at any time at the option of the Reporting Person or (B) automatically upon the occurrence of the following: (1) the transfer of such share of Class B Common Stock, except for certain transfers whereby the Reporting Person continues to hold sole voting and dispositive power with respect to each such share, (2) the death of a Class B common stockholder who is a natural person, (3) the last trading day of the fiscal quarter immediately following the fifth anniversary of the Issuer's initial public offering, (4) the date specified by affirmative vote of the holders of a majority of the outstanding shares of Class B common stock and (5) the last trading day of the fiscal quarter during which the then outstanding shares of Class B Common Stock first represent less than 10% of the aggregate number of shares of the then outstanding Class A Common Stock and Class B Common Stock.
- [F2]Of the reported shares, 152,910 shares are represented by restricted stock units.
- [F3]Shares were sold pursuant to a Rule 10b5-1 trading plan adopted on January 11, 2024.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $39.05 to $39.92 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F5]One fourth (1/4th) of the shares subject to the option award vested on January 31, 2021, and one thirty-sixth (1/36th) of the remaining shares subject to the option award vested or shall vest on the last day of each month thereafter, subject to the Reporting Person's continuous service through such vesting date.
Documents
Issuer
Braze, Inc.
CIK 0001676238
Entity typeother
Related Parties
1- filerCIK 0001888946
Filing Metadata
- Form type
- 4
- Filed
- Dec 3, 7:00 PM ET
- Accepted
- Dec 4, 6:01 PM ET
- Size
- 14.4 KB